Wealthsimple vs Justwealth (2026): Robo-Advisors for Families, RESPs and Advice

Wealthsimple’s managed investing and Justwealth are both online portfolio managers that build and run ETF portfolios for an annual fee. They differ most for families saving in an RESP and for investors who want to talk to an advisor, which is where this comparison focuses. For every provider, see the robo-advisor comparison; for self-directed brokers, the online broker comparison.

Fees and minimums

From each provider’s pricing page as of September 2026:

At $50,000, Justwealth’s example rate works out to $250 a year and Wealthsimple’s Core rate to $250. At $150,000 held entirely at Wealthsimple, its Premium rate would be $600; check Justwealth’s rate at that balance before comparing. The robo-advisor fee comparison covers every provider by balance.

RESPs

This is Justwealth’s distinguishing feature. Its RESP portfolios are organised by the year a child is expected to start post-secondary school and become more conservative automatically as that year approaches. A standard risk-based portfolio, as used by most robo-advisors, stays at the same mix until you change it. For a family that would otherwise forget to de-risk an RESP in the child’s teenage years, the target-date design does that job. The rules for the account itself, including grants, are in the RESP guide.

Talking to a person

Justwealth assigns each client a dedicated Personal Portfolio Advisor and support team they can contact. Wealthsimple’s managed investing is built to run automatically; it also offers financial planning and advice through its advisors, with the level of service depending on your tier. If being able to discuss your portfolio with a named person matters, ask each provider what is included at your balance.

Portfolios and accounts

Justwealth offers a wide range of portfolios, including growth, income, preservation, target-date and ESG portfolios, and US-dollar accounts for some account types. Wealthsimple offers Classic, Summit and Income portfolio lines. Both offer TFSAs, RRSPs, FHSAs, RESPs and non-registered accounts; confirm any other account type you need.

Which fits

Justwealth tends to suit families investing through an RESP who want an automatic glide path, and investors who want a named Personal Portfolio Advisor, provided the $5,000 minimum is not a barrier outside RESPs and FHSAs.

Wealthsimple tends to suit investors starting with small balances, those who will use its other products, and those whose total Wealthsimple assets reach a lower-fee tier.

For the lowest-fee option among the major robo-advisors, see Wealthsimple vs Questwealth and the Questwealth Portfolios review.